Stablecoins
Latest news, analysis, and updates on Stablecoins from A47 News.
6 stories in Crypto · Updated live
Senate Report Reveals Tether USDT as Key Tool for Iranian Sanctions Evasion
The U.S. Senate Permanent Subcommittee on Investigations released a report detailing that 84% of 846 cryptocurrency wallets linked to Iran primarily used Tether's USDT for transactions. This surge in usage is attributed to Iran's ongoing efforts to circumvent U.S. sanctions through cryptocurrency, particularly stablecoins. The long-term implication may involve increased scrutiny and regulatory actions against Tether and similar entities to prevent further sanctions evasion.
Circle Requests Revision of MiCA Stablecoin Reserve Requirements from EU
Circle has formally urged the European Commission to eliminate fixed bank deposit mandates for stablecoin reserves in its MiCA review response. This request is driven by concerns over banking counterparty risks highlighted by past incidents, such as the 2023 Silicon Valley Bank failure. If accepted, this could lead to a significant shift in stablecoin regulation, potentially allowing for more flexible liquidity requirements and broader compliance among issuers.
Fiserv Launches Digital Asset Platform with Roughrider Coin for North Dakota Banks
Fiserv activated its digital asset platform on October 1, 2026, utilizing the Roughrider Coin for interbank settlements among over 90 North Dakota financial institutions. This deployment is driven by the need for faster, 24/7 settlement capabilities, leveraging Solana's blockchain technology to replace traditional ACH systems. The long-term implication suggests a potential shift in U.S. banking practices towards broader adoption of blockchain solutions in regulated environments.
Open USD Launches Shared Ownership Stablecoin Model
Open USD has officially launched a shared ownership stablecoin model on September 30, 2026, across multiple blockchains. This initiative is driven by significant liquidity commitments exceeding $1 billion from major partners like Coinbase and Mastercard, aiming to disrupt the existing stablecoin market. The long-term implication is a potential shift in how stablecoins operate, focusing on shared economics and utility rather than traditional issuer-retained earnings structures.
Latest Stories
Circle Requests Revision of MiCA Stablecoin Reserve Requirements from EU
Circle has formally urged the European Commission to eliminate fixed bank deposit mandates for stablecoin reserves in its MiCA review response. This request is driven by concerns over banking counterparty risks highlighted by past incidents, such as the 2023 Silicon Valley Bank failure. If accepted, this could lead to a significant shift in stablecoin regulation, potentially allowing for more flexible liquidity requirements and broader compliance among issuers.
Fiserv Launches Digital Asset Platform with Roughrider Coin for North Dakota Banks
Fiserv activated its digital asset platform on October 1, 2026, utilizing the Roughrider Coin for interbank settlements among over 90 North Dakota financial institutions. This deployment is driven by the need for faster, 24/7 settlement capabilities, leveraging Solana's blockchain technology to replace traditional ACH systems. The long-term implication suggests a potential shift in U.S. banking practices towards broader adoption of blockchain solutions in regulated environments.
Open USD Launches Shared Ownership Stablecoin Model
Open USD has officially launched a shared ownership stablecoin model on September 30, 2026, across multiple blockchains. This initiative is driven by significant liquidity commitments exceeding $1 billion from major partners like Coinbase and Mastercard, aiming to disrupt the existing stablecoin market. The long-term implication is a potential shift in how stablecoins operate, focusing on shared economics and utility rather than traditional issuer-retained earnings structures.
Citi and Coinbase Expand Partnership for Stablecoin Payments in U.S.
Citi and Coinbase have announced an expanded partnership to enable institutional merchants to accept stablecoin payments, integrating Coinbase Payments for fiat conversion. This initiative is driven by the increasing institutional adoption of stablecoins and aims to bridge traditional finance with digital assets. The long-term implication is a potential shift in payment infrastructure, normalizing stablecoin use in commerce without requiring direct crypto custody for merchants.